Farmmi, Inc. (NASDAQ:FAMI) Short Interest Up 240.0% in October

Farmmi, Inc. (NASDAQ:FAMI) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 571,600 shares, an increase of 240.0% from the October 15th total of 168,100 shares. Currently, 5.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,730,000 shares, the days-to-cover ratio is currently 0.3 days.

Farmmi Stock Down 7.6 %

NASDAQ FAMI opened at $0.27 on Thursday. Farmmi has a 52-week low of $0.17 and a 52-week high of $2.35. The company has a fifty day moving average of $0.28 and a 200-day moving average of $0.51.

Farmmi Company Profile

Farmmi, Inc, through its subsidiaries, engages in processing and sale of agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers Shiitake mushrooms, Mu Er mushrooms, and other edible fungi, such as bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondose, coprinus comatus, and hericium erinaceus, as well as dried edible fungi.